klchoo | 
11 11th, 2010| 
We (as in me and Lowie) just set up OUR blog on 11/11, just thought of chronicling our journey together!
Nov
3
6 Movies I/We watched in October 2010
Detective Dee and the Mystery of the Phantom Flame – 2 Oct, 9.40pm @ GSC Pelangi (JB)
The Other Guys – 5 Oct, 2.30pm @ Cathay Cineleisure
Eat Pray Love – 9 Oct, 6pm @ GV Tiong Bahru
Reign of Assassins – 17 Oct, 1.20pm @ Cathay City Square (JB)
71: Into the Fire – 23 Oct, 12mn @ GV Jurong Point
The Social Network – 23 Oct, 11.35pm @ GV Plaza Singapura
Detective Dee and the Mystery of the Phantom Flame – 2 Oct, 9.40pm @ GSC Pelangi (JB)
The Other Guys – 5 Oct, 2.30pm @ Cathay Cineleisure
Eat Pray Love – 9 Oct, 6pm @ GV Tiong Bahru
Reign of Assassins – 17 Oct, 1.20pm @ Cathay City Square (JB)
71: Into the Fire – 23 Oct, 12mn @ GV Jurong Point
The Social Network – 23 Oct, 11.35pm @ GV Plaza Singapura
Nov
2
I just received an email from GAIN Capital (also known as forex.com commonly) this morning. The email content is as follows:
——
On October 27, 2010, GAIN Capital entered into a settlement with the National Futures Association to resolve the pending proceeding against the firm, which included three claims relating to execution practices in its Metatrader platform and its former weekend liquidation policy. The company entered into a settlement without admitting or denying NFA’s allegations and agreed to pay a fine of $459,000. As part of the settlement, the company also agreed to provide appropriate refunds to those customers who were adversely affected by the practices described in the NFA complaint. We estimate that, in total, the trades affected by both issues represented approximately .05% of all customer transactions during the period.
In accepting the offer of settlement, NFA also dismissed a separate claim alleging that the company failed to cooperate with the NFA’s investigation and issued no finding with respect to a claim alleging any failure to supervise the operations of the company.
GAIN Capital is fully committed to compliance with all applicable laws and regulations affecting its business. We will continue to review all operations of the company to ensure that our operations are world class, transparent and that the interest of our clients and partners are fully protected.
——
After researching about what happened, here’s what happened. The market market broker apparently reduced half the leverage level over the weekend (where there was no trading) and caused lots of ‘margin calls’ in their clients’ accounts. Complaints were all over and you can read more about the NFA orders at http://www.nfa.futures.org/news/newsRel.asp?ArticleID=3676.
